How much money is enough? At what point does one hang up their boots and take early retirement to a cheaper location? 1M, 5M, 10M? More? I don’t think I can play this IPO lottery game anymore.
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- This is a little too idealistic although maybe it works for us software nerds. What if the answer is full time artist but also have a family? Also I know a ton of wildlife biologists doing shit jobs because "the line for picking flowers in the forest is pretty long and it doesn't pay well"
- Learn about FIRE. I live the life I want (including a nice house, hot tub, 30m from best snow on earth, multiple awesome international vacations a year like hiking maccu piccu, mountain biking). It costs like 50k/year. Save the rest. Stop when you hit a safe withdrawal rate of $50k (1.25 million based off Trinity study). I can honestly say spending more money wouldn't make me happier.
- New CQwg28It's a moving Target. You think Target is 5M but by the time you get to that number the target is now more like 10. It always feels distant unless you got a IPO lottery